Monday, February 18, 2019

Self Employment Tax Return Guide

A quick review of three methods for preparing your self-employment taxes.

1. Pay a professional

2. Use a software program

3. Do it yourself on paper.

Each has its pros & cons. Although, it's probably a fair bet to say Doing your taxes yourself on paper has the least amount of benefits over detractors.

If you find an aggressive, experienced and highly knowledgeable Tax pro that is also affordable (a relative term), this is probably your best bet. The idea of paying several hundred dollars to have your schedule C and 1040A prepared may seem a steep cost. The important thing to keep in mind is the money they may be saving you could easily offset that cost.

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